SBICARD2020-04-012020-06-30in-bse-fin:OneOtherRevenueFromOperations01Member SBICARD2020-04-012020-06-30in-bse-fin:OneOtherRevenueFromOperations02Member SBICARD2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member SBICARD2020-04-012020-06-30in-bse-fin:OneOperatingExpenses02Member SBICARD2020-04-012020-06-30in-bse-fin:OneOperatingExpenses03Member SBICARD2020-04-012020-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SBICARD2020-04-012020-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SBICARD 2020-04-01 2021-03-31 2020-07-15 INR Lakhs First quarter Single segment CREDIT CARD BUSINESS 2020-04-01 2020-06-30 Unaudited Standalone 14121094000.00 0.00 0.00 6677415000.00 2811000.00 0.00 0.00 171127000.00 549555000.00 21522002000.00 434021000.00 21956023000.00 0.00 0.00 0.00 1120876000.00 2746305000.00 279056000.00 0.00 0.00 0.00 0.00 12527085000.00 16673322000.00 5282701000.00 0.00 5282701000.00 1395029000.00 -45252000.00 1349777000.00 3932924000.00 0.00 0.00 0.00 0.00 3932924000.00 13861000.00 3946785000.00 0.00 0.00 9389568000.00 10 4.19 4.15 0.00 0.00 4.19 4.15 0.03 0.00 0.00 1.tThe results have been prepared in accordance with the Indian Accounting Standard (referred to as “Ind AS”) 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time. n n2.tThe above results have been reviewed by the Audit Committee and have been approved and taken on record by the Board of Directors at their respective meetings held on July 20, 2020. n n3.tInformation as required by Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is as per Annexure 1 attached n n4. Previous period’s/year’s figures have been regrouped / reclassified wherever necessary to correspond with nthe current period’s/year’s classification /disclosure. n n5.tThe figure for the quarter ended March 31, 2020 is the balancing figures between the audited figures for the year ended March 31, 2020 and audited figures for the nine months ended December 31, 2019. n n6.tThere is only one reportable segment (Credit cards) as envisaged by Ind AS 108 Segment reporting, nspecified under section 133 of the Companies act 2013, read with Rule 7 of the Companies (Accounts) Rules 2014. Further, the economic environment in which the Company operates is significantly similar and not subject to materially different risk and rewards. n n7.tThe Company has taken into account the possible impact of COVID-19 in preparation of the Condensed Interim Financial Statements, including but not limited to its assessment of liquidity and going concern assumption, recoverable values of its financials and non-financial assets, impact on revenues and on cost including impact on leases. The Company has considered internal and external sources of information up to the date of approval of the condensed Interim Financial Statements and expect to recover the carrying amount of the assets. Further, in accordance with RBI circulars date March 27, 2020, April 17, 2020 and May 23, 2020 with regard to providing relief to borrowers on account of COVID-19 pandemic, SBI Card has offered moratorium on credit card dues to eligible borrowers in accordance with Board approved policy. The Company, based on current estimates, has decided to continue with additional management overlay on Expected Credit Loss (ECL) amounting to Rs. 48,925.57 lakhs created during the quarter and year ended March 31, 2020. n nThe impact of COVID-19 remains uncertain and may be different from what we have estimated as of the date of approval of these Condensed Interim Financial Statements and the Company will continue to closely monitor any material changes in future economic conditions. n n8.tThe results for the quarter ended June 30, 2020 are available on the BSE Limited website (URL:www.bseindia.com/corporates), the National Stock Exchange of India Limited website (URL :www.nseindia.com/corporates ) and on the Company’s website (URL : www.sbicard.com). n nNote: Since this notes tab does not provides provision for data in tabular format, therefore, for Information Pursuant to the Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please refer the results in PDF format filed by the Company. Business development incentive income 535097000.00 Insurance commission income 14458000.00 CSR expenses 62675000.00 Impairment losses & bad debts 4853183000.00 Operating and other expenses 7611227000.00 0.00 0.00 0.00 0.00 13861000.00